- Delaying VAT compliance during an ERP upgrade increases regulatory risk, operational inefficiencies, and costs due to rework.
- VAT compliance and ERP modernization should be addressed together to unlock immediate value and ensure long-term success.
- Postponing VAT compliance can lead to double implementation costs, errors, and financial penalties.
- Early implementation of compliance solutions ensures clean data, reduces mistakes, and aligns with accelerating global regulatory mandates.
Source: fintua.com
Note that this post was (partially) written with the help of AI. It is always useful to review the original source material, and where needed to obtain (local) advice from a specialist.
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